image

Defining and controlling what is included and excluded in the project.Read more about these purposes
Resource allocation Assigning people, equipment and budget where needed.Accept
Problem solving Overcoming obstacles and finding effective solutions.Deny
Negotiation Reaching agreement among parties to resolve issues.View preferences
Critical thinking Evaluating situations and implications for decision making.Save preferences

Project management tools & techniques

  • Project management softwareView preferences: (e.g., Microsoft Project, Asana, Trello) aids collaboration, scheduling, task assignment, budgeting, and document management.{title}
  • Gantt chart{title}: Visual timeline for planning and tracking progress.{title}
  • Critical Path Method (CPM): Identifies sequence of crucial tasks that determine project duration.
  • Project portfolio management: Prioritising, balancing, and overseeing multiple projects aligning with organisational strategy.

Comparing project, programme, product management

  • Project management: Focuses on delivering a unique, timebound outcome.
  • Programme management: Oversees a group of related projects aligned to strategic objectives.
  • Product management: Manages the lifecycle, strategy and development of a product.
  • Operations management: Manages ongoing processes for continuous delivery of products or services.

Best practices

  • PMBOK (Project Management Body of Knowledge): Comprehensive global standard for project management processes.
  • PRINCE2: Process-based methodology emphasising control and organisation.
  • Best practices: Align with global standards, stakeholder engagement, clear documentation, regular reviews, and continuous improvement.

Refer to the Project Management Institute and other authoritative sources for further study.

Project management certifications

Professional certifications validate project management knowledge and competence:

Certifications are valued globally and support career advancement.

Project management career path

Career progression often starts with project coordinator or assistant roles, advancing to project manager, senior project manager, programme manager, and portfolio manager positions. Skilled practitioners are in high demand in industries such as IT, construction, engineering, healthcare, and finance.

Best project management software

  • Software tools support scheduling, resource allocation, collaboration, documentation, risk management, and reporting – common options include Microsoft Project, Jira, Trello, Asana, Smartsheet, and Monday.com.

FAQs

What are the five stages of project management?

The five standard stages are Initiating, Planning, Executing, Monitoring and Controlling, and Closing. Each phase plays a vital role in ensuring project objectives are met efficiently.

What does a project manager do?

A project manager is responsible for planning, executing, and closing projects. They coordinate tasks, manage the project team, oversee scheduling and budgeting, handle risks, and communicate with stakeholders to ensure successful delivery.

What is the difference between Agile and waterfall in project management?

Agile is an iterative approach that emphasises flexibility, frequent feedback and continuous improvement, best for evolving projects. Waterfall is a linear, sequential model suited to projects with well-defined requirements.

How do I become a project manager?

Start by gaining experience in team-based roles, develop relevant skills, and pursue project management certifications such as PRINCE2, AgilePM or CAPM. Practical experience and networking are valuable for career advancement.

What are effective project management tools?

Popular tools include project management software (Microsoft Project, Asana), Gantt charts, WBS, and CPM – all of which assist in planning, scheduling, allocating resources, and communication.